CONE Midstream Partners (CNNX) Tops Q3 EPS by 3c; Boosts FY16 Outlook
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CONE Midstream Reports Third Quarter Results and Increases Guidance
November 4, 2016 6:45 AM EDTCANONSBURG, Pa., Nov. 04, 2016 (GLOBE NEWSWIRE) -- CONE Midstream Partners LP (NYSE: CNNX) ("CONE Midstream" or the "Partnership") today reported financial and operational results for the three months ended September 30, 2016.(1) Â The Partnership also increased guidance for full year 2016 financial results.
Third Quarter Results
Highlights of third quarter 2016 results attributable to the Partnership as compared to the third quarter of 2015 include:
Net income of $23.6 million as compared to $19.7 millionAverage daily throughput volumes of 840 billion Btu per day (BBtu/d) as compared to 642 BBtu/dNet cash provided by operating activities of $40.0 million as... More